Funding arb · Price arb /

WLFI

all WLFI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h +0.177%

Price spread now: dYdX against MEXC−0.044%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.044% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC WLFI_USDT	0.05768	0.0100	pay 0.0050% / 4h	1h 41m	$13.7M	$20.0M	100x
Short	dYdX WLFI-USD	0.05765	0.0004	get 0.0001% / 1h	41m 30s	$11K	$943	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee dYdXbpOrdersPrice spread, now −0.044%Rate

Funding earned: −$20.07
Price spread: −0.044% → 0.000%: −$4.37
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$34.43
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 2 min ago; dYdX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 2 min ago	0.87 bp	0.9 bp −$1	4.9 bp −$49	64.2 bp −$6,422	130.7 bp −$65.4K
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

WLFI on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International WLFI-PERP-INTX	−0.0312%	1h	0.05737	−0.537%	$32K	$15K	50x	as long as short
Reya WLFIRUSDPERP	0.0000%	1h	0.06045	+4.809%	—	—	—	as long as short
dYdX WLFI-USDshort	+0.0004%	1h	0.05765	−0.044%	$11K	$943	5x
gTrade (Gains Network) WLFI/USD	L +0.0005% / S −0.0005%	1h	0.05762	−0.096%	$315	—	150x	as long as short
Injective WLFI/USDC PERP	+0.0033%	1h	0.05716	−0.902%	$6K	$77K	5.5x	as long as short
Lighter WLFI	+0.0096%	1h	0.05759	−0.156%	$1.0M	$459K	5x	as long as short
Paradex WLFI-USD-PERP	+0.0099%	8h	0.05761	−0.116%	$2K	$118	5x	as long as short
Nado WLFI-PERP	+0.0100%	1h	0.05757	−0.191%	$82K	$24K	5x	as long as short
Hyperliquid WLFI	+0.0100%	1h	0.05763	−0.095%	$10.5M	$1.3M	5x	as long as short
Aster WLFIUSDT	+0.0100%	4h	0.05761	−0.116%	$1.6M	$535K	20x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica WLFI	+0.0100%	1h	0.05762	−0.109%	$246K	$14K	5x	as long as short
Binance WLFIUSDT	+0.0100%	4h	0.05768	0.000%	$139.2M	$42.9M	75x	as long as short
Bybit WLFIUSDT	+0.0100%	4h	0.05757	−0.191%	$21.0M	$19.3M	75x	as long as short
OKX WLFI-USDT-SWAP	+0.0100%	4h	0.05762	−0.104%	$7.7M	$13.5M	50x	as long as short
Arcus WLFI-USD	+0.0100%	1h	0.05765	−0.052%	$7K	$8K	5x	as long as short
Gate WLFI_USDT	+0.0100%	4h	0.05763	−0.087%	$3.5M	$3.1M	75x	as long as short
MEXC WLFI_USDTlong	+0.0100%	4h	0.05768	long leg	$13.7M	$20.0M	100x
KuCoin WLFIUSDTM	+0.0100%	4h	0.05763	−0.087%	$3.3M	$1.2M	75x	as long as short
Bitget WLFIUSDT	+0.0100%	4h	0.05761	−0.121%	$7.9M	$3.5M	75x	as long as short
BingX WLFI-USDC	+0.0100%	4h	0.05760	−0.139%	—	$2.3M	—	as long as short
Backpack WLFI_USDC_PERP	+0.0100%	1h	0.05764	−0.069%	$240K	$26K	10x	as long as short
Variational Omni WLFI	+0.0100%	4h	0.05753	−0.252%	$450K	$40K	—	as long as short
GRVT WLFI_USDT_Perp	+0.0100%	4h	0.05763	−0.087%	$275K	$1.9M	10x	as long as short
ApeX Omni WLFIUSDT	+0.0100%	1h	0.05760	−0.139%	$33K	$38K	50x	as long as short
SunX WLFI-USDT	+0.0100%	4h	0.05770	+0.035%	$39K	$1.7M	20x	as long as short
SoDEX WLFI-USD	+0.0100%	1h	0.05763	−0.087%	$81	$5K	5x	as long as short
Extended WLFI-USD	+0.0104%	1h	0.05760	−0.135%	$173K	$737K	10x	as long as short
01 Exchange WLFIUSD	+0.0288%	1h	0.05768	0.000%	$4K	$319	3x	as long as short
GMX WLFI/USD [ETH-USDC]	L +0.0303% / S −0.1371%	1h	0.05763	−0.085%	$7K	—	100x	as long as short
Kraken Futures PF_WLFIUSD	+0.0307%	1h	0.05766	−0.034%	$97K	$90K	20x	as long as short
BloFin WLFI-USDT	+0.0340%	4h	0.05770	+0.035%	$4.8M	$85K	75x	as long as short
Deribit WLFI_USDC-PERPETUAL	+0.0444%	1h	0.05767	−0.017%	$523	$11K	10x	as long as short